REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 March 2023 |
for |
OCTOBER PRODUCTIONS LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 March 2023 |
for |
OCTOBER PRODUCTIONS LIMITED |
OCTOBER PRODUCTIONS LIMITED (REGISTERED NUMBER: 03663668) |
Contents of the Financial Statements |
for the Year Ended 31 March 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
OCTOBER PRODUCTIONS LIMITED |
Company Information |
for the Year Ended 31 March 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
1168/1170 Melton Road |
Syston |
Leicester |
Leicestershire |
LE7 2HB |
OCTOBER PRODUCTIONS LIMITED (REGISTERED NUMBER: 03663668) |
Balance Sheet |
31 March 2023 |
31.3.23 | 31.3.22 |
Notes | £ | £ |
CURRENT ASSETS |
Investments | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
OCTOBER PRODUCTIONS LIMITED (REGISTERED NUMBER: 03663668) |
Notes to the Financial Statements |
for the Year Ended 31 March 2023 |
1. | STATUTORY INFORMATION |
October Productions Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Investment in programmes |
Investment in programmes is stated at the lower of cost and net realisable value, using the individual programme forecast method. |
Under the individual programme forecast method the cost of each programme is amortised based on a programme's expected profit taking into account management's estimates of the total revenues to be earned over the life of the programme. |
Such estimates are revised periodically and losses, if any, are provided in full. |
Programme development expenditure |
Pre-contract programme development expenditure is written off in the period in which it is incurred except where it relates to a clearly defined contract, the outcome of which has been assessed with reasonable certainty as to its success and commercial viability. |
In such cases the expenditure is carried forward to the extent that its recovery can be reasonably regarded as assured and the cost is written off to the profit and loss account over the period of the contract. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
OCTOBER PRODUCTIONS LIMITED (REGISTERED NUMBER: 03663668) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2023 |
4. | CURRENT ASSET INVESTMENTS |
31.3.23 | 31.3.22 |
£ | £ |
Listed investments | 3,481,956 | 3,504,427 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.23 | 31.3.22 |
£ | £ |
Other creditors |
6. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is |